Postmedia to move 12 Alberta papers to digital-only, will make layoffs
TORONTO – Postmedia is moving a dozen of its Alberta community newspapers to digital-only formats, eyeing more outsourcing deals for printing and laying off workers.
The moves were announced Wednesday in an internal memo to staff obtained by The Canadian Press that describes the measures as part of a “tremendous” transformation plan geared toward managing costs.
“Businesses everywhere have been facing similar pressures from a widespread economic contraction that has intensified over the past six months. We have seen this in technology, manufacturing, and in media,” said Andrew MacLeod, Postmedia’s president and chief executive.
“That intensified pressure means that we must accelerate our transformation.”